A cynic might even say that MNS may have exceeded its estimated cash outflows last quarter and today’s announcement is merely a distraction. I guess we’ll find out when the quarterly is released.
Today’s announcement is titled ‘Strong Progress Achieved With German Gigafactory’ - don’t you think they’re that title is slightly overselling the progress actually made? Producing a feasibility study would fit within the definition of “strong progress”, today’s announcement not so much IMO.
Ann: Strong Progress Achieved With German Gigafactory, page-26
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